TaxStats for postcode 3205 FY2013

Postcode 3205 includes South Melbourne, South Melbourne, South Melbourne Dc in Victoria, and is in the federal electorate of Melbourne Ports.

In FY 2013 the ATO recorded 6,590 individuals in postcode 3205. Of these people, 6,510 made a taxable income or loss. 5,525 of the population paid a gross amount of tax. After tax offsets, 5,270 people actually paid a net amount of tax. There were 1,240 non-taxable people who paid net tax of $0.

Compare TaxStats of 3205 with VIC

3205 TaxStats FY2013%Ppl#Ppl3205
Avg
3205
Total
Total Individuals100%6,590
Income
Salary or Wage 79%5,200$76,499$397,795,728
Gross Interest64%4,210$2,684$11,298,893
Unfranked Dividends10%665$797$529,759
Franked Dividends27%1,755$12,903$22,644,928
Dividend Franking Credit27%1,750$5,542$9,698,588
Capital Gains6%365$47,559$17,358,889
Termination Payouts2%150$27,732$4,159,785
Tips/Directors Fees etc14%900$7,783$7,004,290
Business Income11%715$28,561$20,420,851
Foreign Income7%490$2,878$1,410,247
Government payments4%275$5,777$1,588,607
Government pensions2%130$9,497$1,234,613
Total Income or Loss99%6,540$84,935$555,472,069
Deducations
Charitable Gifts38%2,505$1,062$2,659,379
Cost of Tax Affairs49%3,245$1,061$3,443,394
Work Car expenses23%1,545$3,417$5,279,882
Work Travel expenses17%1,105$1,641$1,813,046
Self Education expenses5%335$3,206$1,073,950
Total Deductions82%5,385$5,009$26,970,800
Taxation
Taxable Income99%6,510$80,731$525,559,964
Medicare Levy 75%4,955$1,482$7,343,564
Medicare Surcharge 2%140$1,248$174,713
Gross Tax 84%5,525$25,277$139,656,527
Net Tax 80%5,270$27,349$144,128,049
Average Tax 100%6,590 $21,871$144,128,049
Gross Tax Rate 84%5,525 31%$139,656,527
Net Tax Rate 80%5,270 34%$144,128,049
Average Tax Rate 100%6,590 27%$144,128,049
%PPL is rounded Percentage of total individuals used in the average (AVG).
#PPL is the number of individuals used to calculate the average (AVG).
*Tax Rates calculated from Taxable Income.
*Treat each stat/line item separately. Columns while related do not total due to different numbers of people used in each calculation.

The average taxable income was $80,731. It is estimated that the average taxable income for people who paid a net amount of tax was $96903.

The average net tax paid was $27,349. This equates to an average tax of 34 cents in the dollar on taxable income.

The Medicare levy was paid by 4,955 people for an average of $1,482. 140 people paid $1,248 on average more for the Medicare surcharge.

5,200 people earned a salary or wage and took home an average of $76,499 each.

Government allowance and payments were collected by 275 people for on average $5,777. 130 people received the pension or other allowance.

Charitable gifts and donations of an average of $1,062 were made by 2,505 people.

The costs of tax affairs for 3,245 people were claimed for $1,061 each.